Hercules Capital: Five Portfolio Companies In IPO Registration - Quick Facts

(RTTNews) - Hercules Capital, Inc. (HTGC) announced the latest liquidity events. The company said the proposed merger of Jaguar and Napo remains subject to customary closing conditions. Upon the consummation of the merger, Jaguar's name will be changed to Jaguar Health, Inc., and Napo will operate as a wholly-owned subsidiary of Jaguar, focused on human health. Jaguar and Napo expect the merger to close by the end of July 2017.

As of June 30, 2017, Hercules held warrant and equity positions in five portfolio companies that had filed Registration Statements in contemplation of a potential IPO, including: five companies filed confidentially under the JOBS Act.